this post was submitted on 23 Jan 2025
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Because this makes them money. Either indirectly, through kickbacks, or through stripping of regulatory powers.
Not really. Big company incomes, along with pretty much any other economic metric you want to choose, very consistently do better under liberal government in the US. It is one of very few actual consistent and simple truths about economics and politics in the world. And Trump is infinitely worse than an average Republican. He’s likely to crash the entire economy, or worse.
https://www.epi.org/press/new-report-finds-that-the-economy-performs-better-under-democratic-presidential-administrations/
Oh, I don't disagree, but they definitely seem to be in a "rip the copper outta the walls and run" pattern of behavior right now. Quick Buck / pump'n'dump / whatever rather than a functioning economy.
Plus, when economies crash, rich people can just buy everything for pennies and sit on it.